Report 2019

WEKIVA GOLF VILLAS HOMEOWNERS’ ASSOCIATION, INC.

PO Box 915501
Longwood, Florida 32791-5501

ANNUAL MEETING
February 24, 2020

Treasurer’s Report for Calendar Year 2019

The Assessments were changed to $440 annually.

The pool was resurfaced, the beam replaced and gutter resurfaced at cost of $21,743. It made a significant difference in the appearance of the pool.

The Board continued to focus on control of operating costs and maintaining the value and safety of our pool and common area as evidenced by the reduction in the Assessments.

Collections were good with only one owner being referred to Wean & Malchow, PA and only $382 of expense incurred. These fees will be collected from the owner.

The Association has the required insurance coverage. Cost $6,031.00.

The Association had a net gain in 2019. The 2019 Financial Statement will be prepared by the Association’s accountant and will be available upon request.

Below is the summary of the operation statement.

Income:	$32,706
Expenses:	$25,250
Net Gain/Loss:	$7,456
Cash and Reserves Adjusted as of 12/31/2019:	$33,466

Prepared by Larry Skinner, WGVHA Treasurer, February 26, 2020